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Commercial For Sale in Wembley - Must be seen £1,250,000

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Large Banquet Hall

Planning Permission (7 Units)

Development Opportunity

Use Class Sui Generis

Prime Retail Area

Close to Overground/Underground

Size: 580.49 m sq (6,248 sq ft)

An opportunity to purchase a Banqueting Hall with Vacant Posession and Planning Consent for 7 residential units located on a highly sought after High Street Locaiton of Wembley High Road, HA9. The property is situated on the south side of High Road (A404) between its junction with London Road and Park Lane with ample transport links for convenient access to central London.

This commercial premises would also be suitable for an investor and would rent as a Banqueting Hall to achieve a figure in the region of £90,000.00 per annum.


The total property spans over 6,248 Sq. Ft./580.49 Sq. M

Located on the busy Wembley High Road in the Borough of Brent, the surrounding area is predominantly commercial surrounded by residential properties. Wembley High Road is a busy established retail and residential area and is undergoing several improvements including tree planting, footway widening and more street lighting making it an attractive place to live and work.

Current occupiers nearby include JD Wetherspoon, Wilko, KFC, Domino's, Three, Superdrug, Halifax, Nationwide, McDonald's, Specsavers and Nando's. This property offers the new owners a great opportunity to be part of this up and coming busy area and capitalise on the increased retail and residential opportunities. Wembley Stadium is 0.6 miles east of the property and the retail and leisure opportunities of London Designer Outlet are a short distance away. The green open spaces of Edward V11 Park and Barham Park are within walking distance.

The demise: The property is arranged on the first floor.
Note: The ground floor retail unit 'J.J Moons' is not included in the sale.

Tenure -
Leasehold: Held on a lease for 999 years from 15th June 1997.

Planning Information -
Planning Permission was granted on 06.08.2021 (REF: 21/1836) for the change of use of first floor from a private club (Use Class Sui Generis) and erection of second floor to accommodate 7 self-contained flats with garden terraces, alteration to fenestration, enclosure of existing stairwell and provision for cycle and refuse storage.
Via Website: www.brent.gov.uk

Transport Links
Train Stations:
Wembley Central (Bakerloo and Overground)
Wembley Park (Jubilee Line and Metropolitan Line)

The North Circular (A406) is easily accessible and links to the M1 (J1) whilst the A40 provides access to the M40 and M25 (J16)

Airport Links:
Heathrow Airport (46 Minutes)
London Standstead (1 Hour)
Gatwick Airport (1 Hour 27 Minutes)
Luton Airport (51 Minutes)

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.